Hey everyone,
I’m currently active duty military (23 y/o) and have been focusing heavily on saving and investing over the past couple years. I wanted to share my current situation and get some honest feedback on how I can improve and reach $100k+ in the near future
I invest/save about $1,200/month consistently and I’m planning to stop adding to my Savings soon (once I hit ~$21.5k) and redirect everything into VOO/VGT.
My goal is to hit $100k within the next year if is realistically possible of course before I transition out of the military I have 1 year left in my contract
Just in case, (TA) stand for Taxable Account
And Roth TSP is the retirement account the military provides
A few things I’d really appreciate feedback on
- Is my allocation too heavy in US/tech?
- Should I simplify (VOO/FSKAX) or keep VGT?
- Does SCHD make sense at my age or should I focus purely on growth?
- Anything you’d change to accelerate reaching $100k?
Not looking for anything risky or speculative, just trying to optimize what I’m already doing.
Appreciate any advice 🙏🏽